The Importance of ESG for MINERPOWER

I. ESG Opportunities

Since greenhouse gas emissions, especially carbon dioxide (CO2), are used as a key indicator of environmental performance - the "E" in ESG, NGON creates an important ESG investment opportunity.

II. Background

With the rise of the "responsible investment" movement, in the US and EU markets, considerations of ESG are increasingly regarded as part of a company's fiduciary duty to shareholders.

III. MINERPOWER

MINERPOWER's business plan aims to help upstream and midstream energy companies reduce emissions and capture the natural gas that would otherwise be flared (wasted), converting it into usable energy on-site. Our services are designed to help producers meet strict standards to generate verified carbon emission credits ("environmental factors").

IV. ESG Regulatory Climate

Regulatory ESG factors Environment: Carbon dioxide emissions, local air emissions / leaks, water use, supply chain resource use. Governance: Board structure, compensation, possible corruption. Society: Labor rights / safety, collusion / product pricing, community rights / safety, customer data privacy, customer ethics, sales to miners.

V. Current Situation

Last year, Colorado (in 2020) and New Mexico (in 2021) became the first two states in the United States to ban the routine flaring of natural gas.